Kyber Network (KNC) Alternatives

Kyber Network (KNC)

Description

Kyber Network (KNC) is another Ethereum-based protocol that enables the instant exchange and conversion of crypto tokens and digital currencies. It is an alternative to the 0x project but instead makes all its actions on the blockchain. Kyber platform provides a decentralized, on-chain exchange, but it removes all the order book… read more

76 Kyber Network (KNC) Alternatives

Ripple is known as RTGS (real-time gross settlement system), exchange currency and a remittance network operated by the Ripple company. Ripple Transaction Protocol (RTXP) also known as Ripple Protocol, is based on a distributed and open source of internet protocol, accord ledger and indigenous cryptocurrency that is called ripples (XRP).

A scalability debate regarding bitcoin led to the split of cryptocurrency on August 1, 2017. Out of that split of cryptocurrency came out a chain that has a block size limit to at least 8 megabytes in order to increase the number of the transaction taking place in the public ledger.

Released in 2015, Ethereum is a decentralised software platform that enables smart contracts and disbursed packages (ĐApps) to be constructed and run with none downtime, fraud, control or interference from a third birthday party.

A deconcentrated official blockchain, Cardano, is a cryptocurrency speculation and is known to be an open source digital currency. This digital currency is developing a smart and accessible platform that intends to deliver advancement in digital currency before any other protocol.

A peer-to-peer digital currency in the financial market, NEM is a blockchain currency that was established on March 31, 2015. NEM cryptocurrency’s format is written in Java also with a C++ version for the works.

Stellar cryptocurrency was established in 2014 by Jed McCaleb and Joyce Kim. This currency is an open protocol for the value of exchange. The Stellar protocol is operated by a non-profit Stellar Development Foundation.

Litecoin, launched within the year 2011, became most of the initial cryptocurrencies following Bitcoin and changed into often referred to as ‘silver to bitcoin’s gold.’ It turned into created by way of Charlie Lee, an MIT graduate and former Google engineer.

IOTA is an open-source cryptocurrency which focuses on providing safe and secure payments and communications between machines on the “Internet of Things”. This cryptocurrency uses DAG (Directed Acyclic Graph) technology instead of the conventional blockchain methods.

Dash digital currency, formerly named as XCoin and Darkcoin, is a peer-to-peer and open source digital currency. On top of the features of bitcoin, this currency offers fast transfers of assets (InstantSend), private transaction, and is also a self-funding and self-governing model that makes the Dash digital currency to pay large organizations and individuals for adding value to their networks and sources.

EOS is a blockchain currency primarily operated, has a decentralized working, designed to facilitate large business-based decentralized applications by way of imparting all the essential center abilities, giving organizations the opportunity to build blockchain mediums in a way much like web-based total mediums.

NEO cryptocurrency is known as a smart generation economy currency in the global financial market. NEO, as a word, means new in the Greek language. The system of NEO cryptocurrency includes the DBFT algorithm (Delegated Byzantine Fault Tolerance) that is used to maintain the currency’s consensus protocol.

Monero (XMR), is an official-source digital currency established in April 2014 that insists on privacy, decentralization, and accurate scaling that runs on Windows, macOS, Linux, Android, and FreeBSD. Monero utilizes an official ledger to record transactions while incipient units are engendered through a process called mining.

Bitcoin Gold is a hard forked currency of the cryptocurrency Bitcoin. The fork took place in late October 2017, on block 491407. The purpose of the fork is to create an ASIC resistant Bitcoin, via reusing Equihash evidence-of-work set of rules from Zcash.

Qtum is merging into the financial market as a reliable cryptocurrency. This digital currency has a modified bitcoin base along with Etherum Virtual Machine (EVM) which is a compatible version for this cryptocurrency.

Ethereum classic cryptocurrency is a public, open-source, and blockchain based computed currency that features the smart contract functions in it. This digital currency provides a turning-complete virtual machine that is decentralized in nature.

ICON is famously known as to be the largest blockchain based digital currency around the globe. ICON highlights the independent blockchains that have the reputable value. ICON currency believes in the technical roadmap for the satisfaction of the consumer.

Verge digital currency or cryptocurrency is designed for the easy consumption in the daily routine of life of consumers. It is known as an improvement to Bitcoin blockchain. This digital currency intends to provide people and large business organizations efficient, fast and also a decentralized way of making transactions directly without invading the privacy of the user.

BitConnect is a peer-to-peer and open source cryptocurrency that contains a decentralized currency that gives people the opportunity to invest in a currency that is controlled on a non-government basis and by this investment, people can actually earn interest on their investments.

Lisk is a public cryptocurrency for the blockchain that facilitates its users by providing the blockchain apps. This decentralized blockchain currency was forked through Crypti which was established by Oliver Beddows and Max Kordek in the start 2016.

An open source, public, and also a real-time cryptocurrency, Bitshares is a digital currency. This currency provides a decentralized and also built-in wealth exchange only for the digital currency. On this platform, there is no need to trust a major central authority to manage all of the funds.

Zcash a digital currency that uses digital means to provide a high level of privacy as compared to other digital currencies out there in the financial market. Before Zcash, advancements were made in Zerocoin protocol which resulted in Zerocahs also known as Zcash now.

This cryptocurrency is a blockchain-based and decentralized protocol that has a goal to build a free and worldwide entertainment forum for everyone with the help of distributed storage and blockchain platform.

Decred (DCR) is an open-source, community-based cryptocurrency alternatively to Bitcoin. It was first launched in 2016 by the BTC developer that engineered btcsuite and alternative full-node implementation written in the Go programming language and is used by development projects such as Ethereum, BitGo, and Factom etc.

Binance Coin is the cryptocurrency of the Binance exchange. It can exchange stage only for cryptographic forms of money. Since the ICO six month ago, the value of Binance Coin has risen with the growth of the exchange.

Tether (USDT) is a digital currency token, issued on the Bitcoin blockchain through the Omni Layer Protocol. It is backed by actual fiat currency assets including United States Dollar, Euro and Japanese Yen.

VeChain is a world’s largest blockchain platform for products and information. By leveraging on blockchain technology, it strives to create a trust-free and distributed business ecosystem that is self-circulating and scalable.

The name Populous is an umbrella term used to refer to the people of the community, state or country. To present Populous in simple terms, it is a revolutionary platform by which people within the community come together as a single entity to finance business that urgently needs cash.

OmiseGO is an open-payment platform and decentralized exchange by the company based on Thailand called Omise; they recently raised $25 million via their ICO to create the Omise Go token. It provides Stripe-like functionality for receiving payments;

Steem is a blockchain-based social media platform where everyone can earn rewards. It produces Steem and Steem Dollar which are tradable token users obtain for posting, commenting and discovering on interesting content.

Dogecoin (DOGE) is another open-source, peer-to-peer digital currency that enables you to send money online, created by programmer Billy Markus from Portland, Oregon. The currency feature a likeness of the Shiba Inu dog from the Doge Internet meme as its logo.

Bytecoin is the first digital currency based on the CryptoNote Technology, launched in 2012 which an open-source code for anonymous cash settlements. It secures the user’s privacy with impassive and anonymous transactions.

Status is the Ethereum discovery tools that allow the users to Browse, communicate and make payments securely on the decentralized web. It runs go-ethereum directly from your mobile devices that turn your smartphones into the Ethereum node, which means that validation of blocks is done on the client side.

Stratis is another Blockchain-as-a service platform, developed to provide a solution for corporations in the financial sector that want to enjoy the features of blockchain technology. It is simple but powerful platforms that allow your companies to create their custom blockchain application with the feature they want, create development system simpler and accelerating development lifecycle of blockchain projects.

Siacoin is the cryptocurrency used to buy and sell storage on the Sia platform, first decentralized storage platform protected by the blockchain technology. It is one of the best storage platforms leverages underutilized hard drive capacity across the world to create data storage marketplace which is more reliable and lower cost than traditional cloud storage providers.

Maker is a token of the Maker Decentralized Autonomous Organization. It is deployed to the Ethereum blockchain as MKR in the Market Asset Registry, and to the BitShares blockchain as the MakerCoin User Issued Asset.

Veritaseum creates blockchain-based, P2P capital markets as software in the global scale. The platform is taking the wide swathe of assets, exposures and placing them on the blockchain as autonomous which seamlessly connects to parties without the need for a third-party or authoritarian interest.

Aeternity Coin is a digital currency uses blockchain technology and is based on ethereum. Its ultimate goal is to improve existing cryptocurrencies by making transactions secure and faster than existing block-chain-based cryptocurrencies.

Augur is an Ethereum-based trustless, open-sources decentralized and prediction market that leverages the wisdom of the crowds to developed a search engine for the future that runs on its own token, REP.

Waves (WAVES) is an open-source blockchain platform, developed, operated and marked by Waves Platform AG, which allows you to launch your own custom digital currency tokens. While popular cryptocurrencies such as Ethereum and Bitcoin can be traded on external exchanges, and Ethereum allows you to develop new tokens on the platform using a smart contract.

Walton is a cryptocurrency used for governance and paying transaction on the Walton blockchain. Walton chain is trying to combine Radio Frequency Identification technology with blockchain technology to create transparency and decentralization within the supply chain organization of enterprises.

DigixDAO (DGD) offers coins for gold on the Ethereum blockchain. The company uses the blockchain and its unchangeability, transparency and predictability in order to apply it to precious physical assets. Digix platform created different technologies including Proof-of Asset and DAO coins on Ethereum.

KuCoin Shares is a native cryptocurrency of KuCoin exchange platform that allows holders to profit from the success of the exchange. KuCoin takes into the account the numbers of KCS users hold when distributing the various coins.

Hshare Coin is the digital currency of Hshare’s open-source, decentralized platform. The cryptocurrency acts as the token for the Hshare platform, designed to act as a sidechain for block-based and blockless blockchains.

Ardor is a public blockchain platform that allows people to use advance blockchain technology over the use of child chains. The child chain is an individual blockchain, hosted on the larger Parent Ardor Blockchain.

Rchain is another decentralised platform that promises to solve all the issue of scalability which affects most blockchain projects. It is gearing up to become a blockchain solution with industrial-scale utility.

0x is one of the best open permissionless protocol enabling for ERC20 tokens to be traded on the Ethereum blockchain and used for powering decentralized exchange. It was found in October 2016 by Amir Bandeali and Will Warren.

Bitcoin is the first ever decentralized ledger based digital currency and was released in 2009. This is the most famous Cryptocurrency, notable, highly accepted and highest market capitalization of more than $370 billion at the time of publishing.

Komodo (KMD) is a digital currency and platform designed for maximum privacy and security. The platform is intended to deliver blockchain-based solutions and smart contracts. The best thing about KMD is that you can link to Bitcoin, using a consensus mechanism that is backed by the Bitcoin hashrate.

Basic Attention Token (BAT) is a token that is specially designed for the world of digital advertising, and specifically to develop a new unit of exchange. The idea is that publicists reward users for their attention or engagement.

More About Kyber Network (KNC)

Kyber Network (KNC) is another Ethereum-based protocol that enables the instant exchange and conversion of crypto tokens and digital currencies. It is an alternative to the 0x project but instead makes all its actions on the blockchain. Kyber platform provides a decentralized, on-chain exchange, but it removes all the order book. It gives the ability to exchange your crypto directly at minimal cost securely. KNC is used as the medium to transfer tokens from person-to-person and this is best for p2p transfers as well as ICOs. The tokens which a person sends does not have to match the exact token that the receiver wants to get. It does the exchange during the transfer. The platform maintains liquidity over the dynamic reserve pool that contains all of the reserve entities in the system. Having various entities in the pool prevents control and keeps exchange rates competitive. Kyber Network is an ERC20 token that Reserve Managers need to buy to operate a reserve on the network. It is an interesting protocol that brings speed, liquidity, and security to the digital currency exchange process.